Documentos e informes

Mongolia monthly economic brief (September 2016) (Mongol, Inglés)

Abstracto en inglés

Mongolia's growth further slowed to 1.4 percent (y/y) in the first half. The budget deficit sharply widened in Jan.-July, and will likely reach over 18 percent of GDP in 2016. Corrective actions have been announced by the new government to curb the rising...
Vea más +Mongolia's growth further slowed to 1.4 percent (y/y) in the first half. The budget deficit sharply widened in Jan.-July, and will likely reach over 18 percent of GDP in 2016. Corrective actions have been announced by the new government to curb the rising budget deficit, and further actions are needed to reduce the deficit and debt to sustainable levels. Monetary policy loosened due to significant monetization of government programs. The policy rate hike by 450 bps by the BoM eased exchange rate volatility, after almost 15 percent depreciation from end June to mid-August.
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